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Epstein Reportedly Rejected Manipulating Cryptocurrency Prices to Avoid Public Ethics Concerns

2026.02.02 11:01:04

February 2: Crypto journalist Kyle Torpey revealed that newly unsealed Epstein documents show Jeffrey Epstein told Bitcoin developer Jeremy in August 2018 he had ethical concerns about manipulating cryptocurrency prices. Epstein rejected the proposed transaction, noting he’d be more open to funding other initiatives but couldn’t publicly tie himself to the ethical issue. Separately, the newly disclosed documents include an interesting email from Coinbase CEO Brian Armstrong to investors. In February 2016, Armstrong emailed investors that Coinbase was working behind the scenes to ensure the network wouldn’t be held back by “early idealists” and expected a hard fork to a 2MB block size within the next month or two. That hard fork never materialized—its last attempt was scrapped in fall 2017 over being seen as corporate-driven and lacking community support.
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